A decrease in the price of a good will

When imports and exports for the same type of good are nearly equal:

a. the laws of comparative advantage break down. b. it is an indication that nearly all the trade is intra-industry. c. exports are probably just "finished" in the nation instead of being fully sourced there. d. there is a very low level of intra-industry trade.

Measures of income before intervention are calculated on an annual rather than a lifetime basis.

A. True B. False C. Uncertain